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The price-link in the German natural gas market: The development of the oil price-link and alternative price mechanisms

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  • Saatmann, Stefan J.

Abstract

This SIMAT Working Paper deals with an intensively discussed topic in the German natural gas economy: The price-link in natural gas contracts. Because of opposite price developments of the energy commodities such as oil, coal or natural gas, the traditionally used oil price-link is facing a reset. Shifting market dynamics in supply and demand of natural gas are the fundamental reason for that and led to intensive debate between the contract partners.

Suggested Citation

  • Saatmann, Stefan J., 2013. "The price-link in the German natural gas market: The development of the oil price-link and alternative price mechanisms," SIMAT Arbeitspapiere 05-13-023, Hochschule Stralsund, Stralsund Information Management Team (SIMAT).
    • Handle: RePEc:zbw:simata:0513023
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    File URL: https://www.econstor.eu/bitstream/10419/68464/1/734104731.pdf
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    References listed on IDEAS

    as
    1. Engel, Dirk & Zdrowomyslaw, Norbert, 2010. "Benchmarking-Studie Stralsund 2010," SIMAT Arbeitspapiere 02-10-009, Hochschule Stralsund, Stralsund Information Management Team (SIMAT).
    2. Douglass C. North, 1993. "The New Institutional Economics and Development," Economic History 9309002, University Library of Munich, Germany.
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    More about this item

    Keywords

    competition; gas market; Germany; natural gas; natural gas pricing mechanisms; oil;
    All these keywords.

    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L95 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Gas Utilities; Pipelines; Water Utilities
    • L98 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Government Policy

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